China central bank adviser sees potential cuts to RRR: Yicai

SHANGHAI An adviser to China's central bank has flagged that China's central bank could reduce the amount of cash banks need to hold, saying such cuts to the reserve requirement ratio would be normal given the sharp drops in its foreign exchange reserves. ( read original story ...)

Senior Chinese banking regulator under investigation – Caixin

BEIJING, April 16 A senior official at the China Banking Regulatory Commission (CBRC) is under investigation for suspected links to a loan scandal, the financial magazine Caixin reported, citing sources close to the matter. Yang Jiacai, assistant chairman ... ( read original story ...)

China is Cracking Down on Unscrupulous Financial Services

Now the China Banking Regulatory Commission has published measures to address risks in the financial and banking sectors. According to ChinaNews, CBRC highlighted 10 areas for improving risk control in both traditional and internet finance – which ... ( read original story ...)

China Credit Growth Accelerates as Shadow Banking Gauge Picks Up

China’s broadest measure of new credit increased more than estimated in March amid strong growth in shadow banking. New loans slowed for a second month while the money supply increased at the most sluggish pace since July. The acceleration suggests a ... ( read original story ...)

Russia and China Preparing Alternative Banking Architecture

It may have arrived with little fanfare, but Russia's SWIFT alternative has, more or less, arrived. Speaking in no uncertain terms at a meeting with Russian President Vladimir Putin late last month, Elvira Nabiullina, the Governor of Russia's central bank ... ( read original story ...)